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The statements regarding Fannie Mae loan are true except that A. Fannie Mae lends money directly to homebuyers.
<h3>How to illustrate the information?</h3>
It should be noted that Federal National Mortgage Association (Fannie Mae) was established to provide a secondary market for FHA-insured and VA-guaranteed loans.
Fannie Mae fully guarantees timely payment of interest and principal to investors and is authorized to buy both conventional home loans and government-sponsored
In conclusion, the correct option is A.
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The main purpose of organizational portfolio plan is to ensure that the high-level strategy that the organization is implementing translated to an actual workable plan that is measurable and specific enough to be executed by the relevant business functions responsible.
A gap between strategy and executed plans are a very common business problem to encounter in various industries. Thus, the best answer for the question is (A) identifying strategic business units (sbus) and establishing methods to determine how resources should be allocated among the various sbus.
Answer:
1
Db Salaries expenses__4000
Cr Accrued salaries__________4000
Accrued on December 31
Explanation:
Accrued salaries refers to the amount of liability remaining at the end of a reporting period for salaries that have been earned by employees but not yet paid to them.
Weekly payroll 5000
Day payroll 1000
Monday-Thursday 4000
1
Db Salaries expenses__4000
Cr Accrued salaries__________4000
Accrued on December 31
